Condiciones de negociación
Products
Herramientas
EUR/USD, H4 chart
Euro seems to have exhausted its downside potential. It did not fall last week despite news about higher-than-expected inflation in the US, but instead started to rise. And although the gains are still small, the decline has clearly halted.
Perhaps, the reason is the higher-than-expected inflation in Germany, which is setting traders up for another ECB rate hike after the one in March. That makes a further bounce upwards very likely.
Traders could try buying euro with a stop under last week's low.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.